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Today's All Things Forex Broadcast: Will the EUR and GBP Break Higher vs. USD?


In the broadcast today: Will the EUR and GBP Break Higher vs. USD? As the markets continue to digest the results of the European banks stress tests, we focus on a number of major currencies approaching important multi-month resistance levels against the USD and explore the potential for the EUR, GBP, AUD, CAD and NZD to break higher vs. the Greenback, we analyze the latest developments with the EUR/USD, GBP/USD, AUD/USD and USD/CAD currency pairs, we follow up on the anticipated strengthening of the NZD and note the bullish breakout in the NZD/USD pair, we highlight the market's reaction to the EU banks stress tests, the U.S. New Home Sales and corporate earnings, we discuss new forecasts from Goldman Sachs, Royal Bank of Canada, BNP Paribas and HSBC, and prepare for the trading session ahead.

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